CoinCheck Announces Compensation to 260,000 NEM Holders Following Major Hack

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Tokyo-based cryptocurrency exchange Coincheck has today announced a plan to compensate approximately 260,000 NEM holders for $523 million XEM that was illegally removed from Coincheck. The cause of the hack is currently under investigation, according to a notice on the company’s website. Similar events in other currencies including JPY have not been confirmed. On Jan.
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